This story was originally posted on July 27.

By Justin Petrone

Illumina last week reported a 36-percent spike in second-quarter revenues driven by "strong demand" for its next-generation sequencing products and restored growth in its array business, particularly for whole-genome genotyping chips.

It also said it expects full-year 2011 revenue to increase as much as 26 percent over 2010, causing annual revenue to hit the billion-dollar mark for the first time in its history.

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